From a very narrow range price gave a breakout on the upside on above avg volume
Did not sustain above resistance from previous swing low
Price fell after fake breakout and now below both short term and long term moving avg also below previous narrow range
can target 1R towards 2150 as market breadth is still not negative
Did not sustain above resistance from previous swing low
Price fell after fake breakout and now below both short term and long term moving avg also below previous narrow range
can target 1R towards 2150 as market breadth is still not negative
Comment:
Hits SL